December 5, 2025

Share of Voice vs. Share of Mentions: The Complete Guide

Andrew Wyatt

Chief Product Officer

PR & Comms
Insights

Share of Voice vs. Share of Mentions: Why Article Count Doesn't Tell the Whole Story

Why It Matters

Across 57 companies, 15% are “Narrative Underdogs”—capturing less than 40% of mentions in their own articles. Even when coverage seems to be about them, competitors often drive the conversation.

For decades, PR and communications teams have relied on share of voice, the percentage of articles that mention your brand compared to competitors. But that metric overlooks a critical question: within those articles, who’s actually shaping the narrative?

Defining the Metrics

Share of Voice • Traditional

Measures: % of articles that mention your company vs. competitors  
Example: 60 of 100 articles mention you → 60% share of voice
Limitation: Counts appearances, not prominence or frequency

Share of Mentions • Delve's Unique Metric

Measures: % of total mentions you capture within those articles
Example: 300 mentions vs. competitors’ 600 → 33% share of mentions
The insight: Reveals who truly controls the conversation

Traditional tools can show how often you’re present, while Delve’s AI-driven analysis shows how much of the conversation you own.

A Real-World Scenario

Imagine two companies in the same competitive space, both tracked across 100 articles:

Metric Company A Company B
Articles Mentioned
60 40
Mentions
300 400
Share of Voice
60% 40%
Share of Mentions
42.9% 57.1%

At first glance, Company A seems to be winning with more coverage. But in reality, Company B shows up less often, but when it does, it commands far more of the conversation—57.1% of all mentions vs. 42.9% for Company A.

Data sourced from Delve–learn more.

How Delve Measures Share of Mentions

Most monitoring tools rely on keyword matching, wherein they count appearances but fail to capture context. Delve’s AI-powered article analysis goes further, automatically identifying:

  • How many times you were mentioned per article
  • How many times competitors were mentioned in those same articles
  • Whether you were the main subject or a footnote

Delve uses AI-powered article analysis to:

  1. Identify the subject mention and count how many times they appear
  2. Extract competitor entities and track their mention frequency
  3. Calculate share of mentions within each article
  4. Aggregate across all coverage to show true narrative control

This produces a true share of mentions metric, showing real-time narrative control, not just volume.

What the Data Shows: Four Categories of Narrative Control

We analyzed 57 companies across multiple market types and found they fall into four distinct categories based on their share of mentions:

Category Share of Mentions % of Companies Avg Sentiment What It Means
Narrative Leaders
80-100% 15% 0.72 (Positive) Complete narrative control. Competitors rarely intrude.
Narrative Owners
60-80% 35% 0.68 (Positive) Strong control with manageable competition. Competitors mentioned but don't dominate.
Narrative Battlers
40-60% 35% 0.65 (Neutral) Fighting for control. Competitors get nearly equal mention share.
Narrative Underdogs
<40% 15% 0.52 (Negative) Competitors dominate even in "your" articles.

Key Insight: Companies with higher share of mentions also report stronger sentiment—averaging 0.72 vs. 0.52, a 38% gap.

Data sourced from Delve–learn more.

The Quadrant Analysis: Volume vs. Control

When we plot article count (x-axis) against share of mentions (y-axis), patterns emerge:

Low Volume
High Control
High Volume
High Control
Low Volume
Low Control
High Volume
Low Control
Article Count
Share of Mentions %
Narrative Leaders (80-100%)
Narrative Owners (60-80%)
Narrative Battlers (40-60%)
Narrative Underdogs (<40%)

Data sourced from Delve–learn more.

Key Insights from the Quadrants

High Volume, High Control (Top Right) - The Unicorns

  • Only 4% of companies
  • Typically enterprise brands with strong differentiation or event-specific coverage
  • Maintain 80%+ share of mentions despite thousands of articles
  • Goal state for high-profile companies

High Volume, Low Control (Bottom Right) - The Volume Trap

  • 5% of companies
  • Often found in highly competitive sectors (especially AI/ML)
  • Thousands of articles, but competitors mentioned more frequently
  • Classic case of "winning the battle, losing the war"

Low Volume, High Control (Top Left) - The Efficient Operators

  • 42% of companies
  • Fewer articles but strong narrative control (70-100% share of mentions)
  • Often niche players or consumer brands with clear differentiation
  • Efficient use of PR resources

Low Volume, Low Control (Bottom Left) - Needs Improvement

  • 49% of companies
  • Both low coverage and low narrative control
  • Either early-stage companies or those in commoditized markets
  • Requires both volume and differentiation strategies

Market Dynamics: What Affects Share of Mentions

The Narrative Struggle:

  • Average share of mentions: 48-55%
  • 3 of 4 companies fall into "Low Control" quadrants
  • Coverage is inherently comparative as journalists contextualize against competitors

Natural Leaders:

  • Event coverage averages 95%+ share of mentions
  • Niche or consumer markets average 69-73% share of mentions
  • These categories benefit from focused, less comparative coverage

The Middle Ground:

  • Average share of mentions: 64%
  • Wide variance (25% to 100%) depending on market positioning
  • Differentiated leaders maintain 80%+ control
  • Commoditized brands hover near 40-50% control

Across markets, one pattern holds: the more differentiated your position, the stronger your narrative control.

Why Share of Mentions Matters

1. Sentiment Correlation

Higher share of mentions aligns with more positive sentiment:

  • 80-100% → 0.72 (positive)
  • 60-80% → 0.68
  • 40-60% → 0.65
  • <40% → 0.52 (negative-leaning)

2. Message Pull-Through

Articles where your company is mentioned 8–10 times are far more likely to include key messages, product details, and quotes. Articles where you're mentioned once or twice often just list you as an "also-ran" in a competitive landscape.

3. Audience Recall

Readers remember and internalize information based on repetition and prominence. A passing mention doesn't create the same brand impact as being the central narrative.

How to Improve Your Share of Mentions

For Narrative Battlers (40-60%)

The Problem: You're in a 50/50 fight for narrative control in your own articles.

The Fix

1. Sharpen differentiation messaging: Give journalists a clear reason to focus on you, not the category
2. Proactive storytelling: Don't wait for competitive roundup articles; pitch unique angles
3. Spokesperson strategy: Strong, quotable voices reduce "industry analyst" dependency

For Narrative Underdogs (<40%)

The Problem: Competitors dominate even in articles ostensibly about you, which requires urgent action.

The Fix:

1. Category creation: Stop competing in existing categories; create new ones
2. Exclusive access: Give journalists something competitors can't provide
3. Audit your competitive set: Are you tracking true competitors or adjacent players?

For Everyone

Best Practices from Narrative Leaders

  • Be the data source: Companies that provide proprietary data/research get more mentions
  • Narrow your focus: Broad positioning invites comparisons; specific positioning doesn't
  • Control the timing: Break news on your terms rather than reacting to competitor announcements

Measuring What Matters

Traditional share of voice still matters, but it’s no longer sufficient. Ask yourself:

  1. What's our average share of mentions across our own coverage?
  2. Which competitors intrude most frequently in our articles?
  3. Do higher mention counts correlate with better sentiment?
  4. Are we at risk of falling into the Volume Trap?

Delve's AI-powered analysis automatically tracks these metrics for every article in your coverage, giving you real-time visibility into not just how much coverage you're getting, but how much of that coverage you actually control.

The Bottom Line

Share of voice tells you if you're in the conversation.
Share of mentions tells you if you're controlling it.


Out of 57 companies analyzed:

  • 15% are “Narrative Underdogs” (<40% share of mentions)
  • 35% are “Narrative Battlers” (≈50/50 control)
  • 15% are “Narrative Leaders” (80%+)

Those with higher share of mentions consistently see stronger sentiment and brand outcomes.

If you're only tracking share of voice, you're missing half the story. And in today's competitive media landscape, that half might be the difference between winning and losing the narrative battle.

Frequently Asked Questions

What's a good share of mentions percentage?

70% or higher indicates strong narrative control. 50-70% is acceptable but suggests room for improvement. Below 50% means competitors are getting equal or more attention in your own articles—a red flag.

How is share of mentions different from share of voice?

Share of voice measures what percentage of articles mention your company compared to competitors (article-level). Share of mentions measures what percentage of total mentions you capture within those articles (mention-level). [1]

For example: You could appear in 60% of articles in a competitive set (60% share of voice) but only represent 40% of the total mentions across all those articles (40% share of mentions) because competitors are mentioned more frequently when they do appear.

Which types of markets have the hardest time maintaining high share of mentions?

Highly competitive or rapidly emerging markets face the toughest environment (average 48-55% share of mentions), while event-driven coverage and niche markets have the easiest time (95%+ and 69-73% respectively). The more crowded and comparative the market, the harder it is to maintain narrative control.

Can you have too high of a share of mentions?

No. 95-100% share of mentions indicates you're the central focus and competitors are rarely mentioned—the ideal state. This is most common for event-specific coverage, product launches, and companies with strong category leadership.

Is Delve the only tool that measures share of mentions?

Yes. Traditional media monitoring tools count article volume and keyword frequency but cannot distinguish between subject mentions and competitor intrusion within the same article. Delve's AI-powered analysis automatically identifies the subject entity and tracks all competitor mentions to calculate true share of mentions.

Related Insight

[1] Delve. Choosing the best sentiment analysis tool for PR success

Methodology This analysis is based on 57 companies tracked in Delve with at least 50 articles of coverage, spanning multiple market types including highly competitive emerging markets, established enterprise markets, niche consumer markets, and event-driven coverage. Share of mentions is calculated by dividing subject mention count by total mentions (subject + all matched competitors) within articles. Sentiment scores range from 0 (negative) to 1 (positive). Market categorizations are based on coverage patterns and competitive dynamics. Data is anonymized to protect client privacy. Updated November 2025.
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